BlackRock (BLK) Quick Ratio

Price: $968.24
Market Cap: $150.32B
Avg Volume: 903.71K
Country: US
Industry: Asset Management
Sector: Financial Services
Beta: 1.303
52W Range: $745.55-1084.22
Website: BlackRock

BlackRock Quick Ratio

  • Annual: 16.40
  • Quarterly: 16.40
  • TTM: 16.40

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess BlackRock's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 16.40
    • Quarterly: 16.40
    • TTM: 16.40
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 8.31
    • Quarterly: 8.31
    • TTM: 8.31

These metrics provide insights into BlackRock's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

16.40

Quarterly Quick Ratio

16.40

TTM Quick Ratio

16.40

BlackRock Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio

BlackRock Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Quick Ratio Current Ratio Cash Ratio
2024 16.40 16.40 8.31
2023 14.28 14.28 7.05
2022 12.71 12.71 5.73
2021 -1.39 14.45 6.67
2020 -0.89 27.92 8.43
2019 -0.80 20.11 4.14
2018 1.42 25.14 5.02
2017 31.18 30.51 6.06
2016 34.64 34.12 5.64
2015 38.91 38.23 5.83

Related Metrics

Explore detailed financial metrics and analysis for BLK.